Dense, dark, fast-moving clouds over Manhattan, minutes before market open. Will the 75 basis point cut in the Fed Fund rates keep our markets from going the way of markets worldwide or will panic take hold? Apparently, a lot of the selling pressure is from forced selling - i.e., on margin calls - and not just on pure panic. We shall see how we survive until the FOMC meeting a week from tomorrow.Thought of the day: the markets will go where they will; don't resist it, do what you have to do.
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